Rolling Contract Employment for India

Rolling Contract Employment Template for India

This is a comprehensive rolling contract employment agreement designed for use in India, compliant with Indian labor laws and employment regulations. The agreement establishes an ongoing employment relationship that continues indefinitely until terminated by either party with appropriate notice. It covers essential aspects of employment including duties, compensation, benefits, working conditions, and termination provisions, while incorporating mandatory requirements under Indian employment legislation such as the Industrial Employment Act, Payment of Wages Act, and other relevant labor laws.

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What is a Rolling Contract Employment?

This Rolling Contract Employment agreement is designed for use in India when establishing permanent, ongoing employment relationships without a fixed end date. It is particularly suitable for companies looking to hire permanent employees while maintaining flexibility in terms of contract management and termination provisions. The document incorporates all necessary elements required under Indian employment law, including statutory benefits, leave entitlements, and notice periods. It serves as a comprehensive framework for employment relationships, ensuring compliance with various Indian labor laws including the Industrial Employment (Standing Orders) Act, Payment of Wages Act, and other relevant legislation. The rolling nature of the contract means it continues indefinitely until either party terminates it with appropriate notice, making it ideal for long-term employment arrangements where a fixed term is not desired.

What sections should be included in a Rolling Contract Employment?

1. Parties: Identification of the employer and employee with full legal names and addresses

2. Background: Brief context of the employment relationship and purpose of the agreement

3. Definitions: Definitions of key terms used throughout the agreement

4. Appointment and Term: Details of the position, effective date, and rolling nature of the contract

5. Duties and Responsibilities: Description of the employee's role, responsibilities, and reporting relationships

6. Place of Work: Primary work location and any flexibility provisions

7. Working Hours: Standard working hours, overtime provisions, and break periods

8. Remuneration: Base salary, payment schedule, and review mechanisms

9. Benefits: Statutory and company-provided benefits including insurance, provident fund, and gratuity

10. Leave Entitlements: Annual, sick, casual, and other leave entitlements

11. Confidentiality: Obligations regarding confidential information and trade secrets

12. Intellectual Property: Ownership and rights over work created during employment

13. Non-Competition and Non-Solicitation: Post-employment restrictions on competitive activities

14. Code of Conduct: Expected behavioral standards and compliance with company policies

15. Termination: Notice periods, grounds for termination, and process

16. Dispute Resolution: Process for resolving employment-related disputes

17. Governing Law: Specification of Indian law as governing law

18. Entire Agreement: Integration clause confirming this as the complete agreement

What sections are optional to include in a Rolling Contract Employment?

1. Probation Period: Include when the employment starts with a probationary period

2. Remote Work Provisions: Include for roles with work-from-home or hybrid arrangements

3. Performance Metrics: Include for roles with specific KPIs or performance targets

4. Commission Structure: Include for sales or performance-based compensation roles

5. International Travel: Include for roles requiring frequent international travel

6. Stock Options: Include if employee is eligible for company stock options

7. Training Commitments: Include if specific training requirements or bonds are applicable

8. Relocation Terms: Include if role involves relocation or transfer provisions

9. Flexible Hours: Include for roles with flexible working arrangements

10. Secondment Provisions: Include if employee may be seconded to other entities

What schedules should be included in a Rolling Contract Employment?

1. Schedule 1 - Job Description: Detailed description of role, responsibilities, and requirements

2. Schedule 2 - Compensation Structure: Detailed breakdown of salary components and benefits

3. Schedule 3 - Company Policies: List of applicable company policies and procedures

4. Schedule 4 - Statutory Benefits: Details of all statutory benefits and calculations

5. Schedule 5 - Performance Evaluation Framework: Performance assessment criteria and process

6. Appendix A - Code of Conduct: Detailed company code of conduct

7. Appendix B - Confidentiality Agreement: Detailed confidentiality obligations

8. Appendix C - IT Policy: Company IT usage and security policies

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

India

Publisher

Genie AI

Document Type

Employment Contract

Cost

Free to use
Relevant legal definitions
Clauses
Relevant Industries

Information Technology

Manufacturing

Financial Services

Healthcare

Education

Retail

Telecommunications

Professional Services

Construction

Hospitality

Media and Entertainment

E-commerce

Pharmaceutical

Automotive

Real Estate

Relevant Teams

Human Resources

Legal

Finance

Operations

Sales

Marketing

Information Technology

Research and Development

Customer Service

Administration

Product Development

Quality Assurance

Business Development

Corporate Communications

Engineering

Relevant Roles

Software Engineer

Account Manager

Project Manager

Sales Executive

Human Resources Manager

Financial Analyst

Operations Manager

Marketing Director

Research Scientist

Business Development Manager

Administrative Assistant

Product Manager

Quality Assurance Specialist

Customer Service Representative

Technical Lead

Chief Financial Officer

General Manager

Content Writer

Data Analyst

Design Engineer

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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